2501 PAYNE DRIVE, DENTON, TX 76207
Homes for sale in Denton.
Homes for sale in 76207.
2501 Payne Drive
Denton, TX 76207
List Price$3,000,000
Listing #21080523
27.26
Acres
Lots / Land
Type
About This Property
Don't miss this exceptional 27.257-acre property located within the City of Denton, zoned R-2 -- Residential Development District. This property offers an outstanding opportunity for future single-family residential development, perfectly positioned in a highly desirable and growing market area. The site features a total of 27.257 gross acres, including an approximately 3.5-acre detention pond with related drainage improvements. The net usable land area is estimated at 23.75 acres, providing ample space for thoughtfully designed residential use. Boasting approximately 110 feet of frontage along the north line of W Windsor Drive and approximately 700 feet of frontage along the west line of Westgate Drive, the property benefits from excellent visibility and accessibility. Located near two major universities and a community college, the area offers a vibrant cultural scene, numerous parks, trails, and outdoor activities. Served by the Denton Independent School District, known for its strong educational programs, the community continues to attract new residents who value convenience, lifestyle, and affordability. All city utilities are available, including water, sewer, electric, and natural gas. With its convenient location and strong surrounding amenities, this property represents a rare opportunity for developers or investors to capitalize on Denton's continued growth and appeal.
Property Features
Location Information
County
Denton
Subdivision
F Batson
Interior Features
Has Fireplace
No
Exterior Features
Water / Sewer
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Possible Best Use
Agricultural, Cattle, Devel
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Zoning
R-2 Residential Development
Lot Description
Acreage, Agricultural, City Lot
Development Status
Zoned
Lot Size in Acres
27.257
Road Description
City Street, Concrete
Lot Size in Sq. Ft.
1,187,314
Is One Story
No
Current Use
Agricultural, Cattle
Lot Description
Acreage, Agricultural, City Lot
School
Elementary School District
Denton ISD
Jr. High School
Calhoun
Elementary School
Evers Park
High School
Denton
Additional Information
Property Type
LL
Tax Annual Amount
38.0
Property SubType
Unimproved Land
Exclusions
Longhorn cattle
Status
Active
Documents Available
Aerial
Has a Home Owners Association
No
Lot Acres Source
Assessor
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Mortgage Calculator
$14,010
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$10,810
Monthly Tax
$2,500
Monthly Insurance
$700
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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